Interarch Building Products IPO | is this Good?

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Last Comment 2024-08-24

2024-08-13

Incorporated in 1983, Interarch Building Limited provides turnkey pre-engineered steel construction solutions in India. The company offers integrated facilities for design, engineering, manufacturing, and on-site project management for the installation and erection of pre-engineered steel buildings (PEB).

Interarch Building Products IPO opens for subscription on August 19, 2024 and closes on August 21, 2024. The allotment for the Interarch Building Products IPO is expected to be finalized on Thursday, August 22, 2024. Interarch Building Products IPO will list on BSE, NSE with tentative listing date fixed as Monday, August 26, 2024.

Interarch Building Products IPO price band is set at ₹850 to ₹900 per share. The minimum lot size for an application is 16 Shares. The minimum amount of investment required by retail investors is ₹14,400. The minimum lot size investment for sNII is 14 lots (224 shares), amounting to ₹201,600, and for bNII, it is 70 lots (1,120 shares), amounting to ₹1,008,000.

IPO Date	August 19, 2024 to August 21, 2024
Listing Date	[.]
Face Value	₹10 per share
Price Band	₹850 to ₹900 per share
Lot Size	16 Shares

IPO Open Date	Monday, August 19, 2024
IPO Close Date	Wednesday, August 21, 2024
Basis of Allotment	Thursday, August 22, 2024
Initiation of Refunds	Friday, August 23, 2024
Credit of Shares to Demat	Friday, August 23, 2024
Listing Date	Monday, August 26, 2024

GMP is ₹225

Expected return is 25.00%

What do you think?

Apply for IPO:

Upstox- https://play.google.com/store/apps/details?id=i...

Upstox - https://upstox.com/open-demat-ac...t/

Zerodha - https://zerodh...m/

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